Algory Tutorial – Filters & Alerts : 5 Minutes Volume Ratio
Below you will find the video about “5 minutes volume ratio” filter:
You can set this filter when you look for cryptos with sudden volume spikes (in this case – on 5 minutes interval).
Cryptocurrency Filter info – 5 minutes volume ratio
This filter refers to changes in volume observe on 5 minutes candles. Users use to find cryptos with unusual higher amount of volume. This filter compare the volume over the last 5 minutes to the average volume in last five 5 minutes candle.
Example of how to use filter while trading on crypto
If you set ratio = 2, you will se cryptos where the volume is 2 times higher than the average in last five 5 minutes candles.